DOCSLIB.ORG

Annual Report 2012 ONE in Diversity Kirin Holdings Company, Limited Annual Report 2012 Year Ended December 31, 2012

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2012 ONE in Diversity Kirin Holdings Company, Limited Annual Report 2012 Year Ended December 31, 2012 Kirin Holdings Company, Limited Company, Holdings Kirin Annual Report 2012 ONE IN DIVERSITY Kirin Holdings Company, Limited Annual Report 2012 Year ended December 31, 2012 Please refer to the following URL for the financial statements and notes, including the auditor’s report, as well as for the data book. http://www.kirinholdings.co.jp/english/ir/library/index.html 本冊子は、不要となったHondaの旧カタログ等を製紙原料として配合したHonda独 自の循環紙を使用しています。インキは植物油100％の「大豆油インキ」（VOC成分Printed in Japan ゼロ）を使用し、印刷は印刷工程で有害廃液を出さない「水なし印刷」で行っています。 PROFILE MONTHLY SHARE PRICE RANGE & TRADE VOLUME Tokyo Stock Exchange 2,000 20,000 1,800 18,000 LEVERAGING 1,600 16,000 1,400 14,000 OUR DIVERSITY 1,200 12,000 1,000 10,000 The Kirin Group consists of 257 consolidated CONTENTS 800 8,000 subsidiaries, one unconsolidated subsidiaries Share price (left scale) Nikkei 225 average (right scale) 02 BUSINESS STRUCTURE 600 6,000 accounted for using the equity method and 17 2008 2009 2010 2011 2012 2013 04 GOALS affiliated companies accounted for using the equity 06 A DIVERSITY OF OPERATING REGIONS AND MARKETS Millions of shares Millions of shares 150 150 method. The Group, which has a total work force of 06 JAPAN Trading volume 08 OCEANIA 120 120 over 40,000 employees, is headed by a pure holding 10 BRAZIL 90 90 12 ASIA company, Kirin Holdings Company, Limited. 60 60 14 PHARMACEUTICALS AND BIO-CHEMICALS Using knowledge accumulated over more than a 16 CoNSOLIDATED FINANCIAL HIGHLIGHTS 30 30 17 MEDIUM AND LONG TERM TARGETS 0 0 century of business, the Kirin Group has continually 2008 2009 2010 2011 2012 2013 18 To OUR SHAREHOLDERS * Simple average of monthly highs and lows worked to meet the quality expectations of its 26 THE MANY VOICES OF KIRIN customers by applying innovative manufacturing 28 SUSTAINABLE MANAGEMENT SYSTEM 28 CoRPORATE SOCIAL RESPONSIBILITY technology, including advanced fermentation 32 CoRPORATE GOVERNANCE methods, to the creation of products that bring out 35 DIRECTORS AND AUDITORS 36 CoNSOLIDATED ELEVEN-YEAR SUMMARY the full potential of nature. OF SELECTED FINANCIAL DATA In recent years, the Kirin Group has accelerated 38 MANAGEMent’s DiscussiON AND ANALYSIS 48 KIRIN GROUP COMPANIES the expansion of its core business activities in the 50 INVESTOR INFORMATION fields of alcohol beverages, non-alcohol beverages and pharmaceuticals, not only in Japan, but also FORWARD-LOOKING globally, especially in the Asia-Oceania region. STATEMENTS Statements in this report that are not By working together across business and regional historical fact are forward-looking statements based on the current boundaries to create new value, we will continue to beliefs, estimates and expectations of management. Various risks and help people worldwide to find well-being, pleasure uncertainties could cause results to and comfort through all of the Kirin Group’s differ materially from these projections. These risks and uncertainties include products and services. exchange rates, changes in domestic or overseas economic conditions, changes in consumer behavior or competitor activity, and changes in laws, regulations or policies in any of the countries where Please refer to the following URL for the financial statements and notes, Kirin conducts operations. Kirin adopts including the auditor’s report, as well as for the data book. measures to control these and other types of risks, but does not guarantee that such http://www.kirinholdings.co.jp/english/ir/library/index.html measures will be effective. Kirin Holdings Company, Limited Annual Report 2012 51 CORPORATE PHILOSOPHY THE JOY OF FOOD AND WELL-BEING We pride ourselves on offering products based on what people want. We pride ourselves on our ability to harness the goodness of nature through innovative technology. We pride ourselves on delivering tangible satisfaction and quality in everything we make. All of which ensures that we exceed consumers’ expectations. And naturally, we do not stop there. As we look forward with vision and dreams, we aim to continue offering food and health products that bring new joy to people’s lives everywhere. Always a step ahead, the Kirin Group supports health, pleasure and comfort in your life. GOOD TASTE MAKES YOU SMILE The Kirin Group’s commitment to deliver, for another 100 years, superior taste and a new level of joy through our entire range of products and services. That’s how we make you smile. Kirin Holdings Company, Limited Annual Report 2012 01 BUSINESS STRUCTURE A DIVERSITY OF BUSINESSES AND BRANDS The Kirin Group is globally pursuing an integrated beverage group strategy that brings together its core alcohol beverages and non-alcohol beverages businesses. Our goal is to maximize customer value across our entire integrated beverages business by bringing together the knowledge and experience of companies in different business segments and strengthening collaboration across entire value chains. The integrated beverages business accounts for approximately 80% of the total net sales of the Kirin Group. We are continually expanding our business activities, not only in Japan, but also in Oceania and Brazil. We are also focusing on Southeast Asia and China. KIRIN Kirin Company, Limited provides overall coordination of the Kirin Group’s core segment, Japan integrated beverages busi- ness. Kirin Brewery Company, Limited and Mercian Corporation are the Kirin Compa- ny subsidiaries responsible for the domes- tic alcohol beverages business, and Kirin Beverage Company, Limited oversees the domestic non-alcohol beverages business. The Kirin Group has built a strong market presence backed by powerful brand assets (¥ billion) accumulated over many years in numerous Net Sales 866.8 product categories, including beer, RTD [ready to drink], wines and tea. Operating Income 70.9 K YOWA HAKKO KIRIN In the pharmaceuticals business, Kyowa Hakko Kirin Co., Ltd. supplies ethical JAPAN pharmaceuticals based primarily on anti- body technology research, focusing mainly on the fields of nephrology, oncology and immunology/allergy. Kyowa Hakko Kirin is also involved in the bio-chemical business and supplies a variety of fine chemicals, especially amino acids and nucleic acids. The company is globally active, especially (¥ billion) in Japan, Europe and the United States, at Net Sales 322.9 all stages from research and development to product sales. Operating Income 61.7 02 Kirin Holdings Company, Limited Annual Report 2012 Our other core business area is pharmaceuticals and bio- FY2012 SHARE OF NET SALES chemicals, which has become a reliable income base for the KIRIN Kirin Group. As a global specialty pharmaceutical company 46% specializing in categories that include nephrology, oncology, K YOWA HAKKO immunology/allergy and central nervous system, we are KIRIN active primarily in Japan, Europe and North America. 17% By building a balanced portfolio of regions and LION businesses, the Kirin Group has been able to achieve 21% sustainable growth even when confronted by rapid change in BRASIL KIRIN 8% the global business environment. OTHERS (includes Asian Companies ) 8% OCEANIA LION Lion Pty Ltd is a leading beverage and food company with a portfolio that includes many of Australia and New Zealand’s favorite brands. Lion’s operations include (¥ billion) the manufacture and sale of beer, wines, Net Sales 396.6 spirits, milk, fresh daily foods, fruit juices, Operating Income 49.6 cheese and soy. BRAZIL BRASIL KIRIN Brasil Kirin Participações e Represen- tações S.A. is involved in the beer and non-alcohol beverages businesses in Brazil. In the beer category, the company has gained the second biggest share of the Brazilian market thanks to strong support from customers in the rapidly growing markets of northern and northeastern Bra- zil. In its soft-drink beverages business, (¥ billion) ASIA which is centered on carbonated drinks, Net Sales 148.8 Brasil Kirin has maintained the number- Operating Income 13.0 KIRIN HOLDINGS SINGAPORE three position in carbonated drinks. Kirin Holdings Singapore Pte, Ltd. is overseeing the development of the Kirin Group’s beverages business in Southeast Asia, especially Thailand and Vietnam. OTHER ASIAN COMPANIES Notes: Operating income is calculated San Miguel Brewery, Inc. is involved in the prior to amortization of goodwill. beer business primarily in the Philippines, The figures represent net sales and while China Resources Kirin Beverages operating income in each region (Greater China) Company Limited supplies and business segment before beverages in China. adjustment for transactions between Group companies. Kirin Holdings Company, Limited Annual Report 2012 03 GOALS ToARW D A DIVERSITY OF The goal of the Kirin Group is to redefine the joy of food and well-being by VALUE consistently creating high-quality products that match the needs of customers. Under the brand-centered philosophy shared by the Kirin Group, we aim to co-create brand value through engagement with customers and communities. The Kirin Group is determined to achieve sound growth through flexible management based on global perspectives, but also matched to conditions in each region and community. We aim continuously to improve shareholder value while maintaining harmony with all stakeholders. CO-CREATION OF BRAND VALUE WITH STAKEHOLDERS The establishment and value in partnership with nurturing of strong brands our stakeholders, in par- are essential to the growth ticular with customers, by of the Kirin Group. To en- ensuring that our thoughts hance brand value, we need and actions resonate with to maintain a profound un- all. This
Load more

Recommended publications
  • Group Companies(66KB)
    Group Companies (As of December 31, 2016) The Kirin Group is headed by Kirin Holdings Company, Limited, a pure holding company, which has 188 consolidated subsidiaries and 18 affiliated companies accounted for using the equity method. Percentage Company Name Location Description of Business of Holding Japan Integrated Beverages Management and provision of specialized services for Japan Kirin Company, Limited Tokyo, Japan 100.0 Integrated Beverages Business Kirin Brewery Company, Limited Tokyo, Japan Manufacturing and sales of beer and other alcoholic beverages, etc. 100.0 Kirin Beer Marketing Company, Ltd. Tokyo, Japan Marketing and sales promotion for beer and other alcoholic beverages 100.0 Import, manufacturing, and sales of wine and other alcoholic Mercian Corporation Tokyo, Japan 100.0 beverages Kirin Beverage Company, Ltd. Tokyo, Japan Manufacturing and sales of non-alcoholic beverages 100.0 Kirin Beverage Value Vendor Company, Planning and sales of non-alcoholic beverages and food products to Tokyo, Japan 100.0 Limited sell via vending machines Manufacturing of domestically produced whiskey and spirits, etc., Kirin Distillery Co., Ltd. Shizuoka, Japan 100.0 at the Fuji-Gotemba Distillery Development of SPRING VALLEY BREWERY brand craft beer products, SPRING VALLEY BREWERY COMPANY Tokyo, Japan and planning, operation, and management of restaurants attached to 100.0 microbreweries YO-HO BREWING COMPANY* Nagano, Japan Manufacturing and sales of craft beer 33.3 Administration of alcoholic beverages business in China, identification of new investment opportunities and other business development 1 Kirin (China) Investment Co., Ltd. Shanghai, China 100.0 activities in China, sales of Kirin brand products in the Yangtze River Delta Economic Zone Kirin Brewery (Zhuhai) Co., Ltd.
    [Show full text]
  • Places of Employment of Graduates from Faculty/Graduate School (Master's Program) (FY2015)
    Places of Employment of Graduates from Faculty/Graduate School (Master's Program) (FY2015) Faculty of Letters/Graduate School of Humanities ● Sumitomo Mitsui Banking Corp. ● Nippon Life Insurance Co. ● Osaka Customs ● Sumitomo Mitsui Trust Bank, Ltd. ● Teacher (JH&HS) ● Kobe Customs ● The Bank of Tokyo-Mitsubishi UFJ, Ltd. ● Hyogo Prefectural High School ● Kobe City Office ● Bank of Japan ● Osaka Regional Taxation Bureau ● Toyonaka City Office ● Japan Post Bank Co., Ltd. ● Japan MINT ● Hiroshima Home Television Co.,Ltd. ● Mizuho Securities Co., Ltd. ● Ministry of Education, Culture, Sports, Science and Technology ● Japan Broadcasting Corporation ● Daiwa Securities Co., Ltd. ● Osaka Public Prosecutors Office ● Kobe Steel,Ltd. ● Japan Post Insurance Co.,Ltd. ● Kobe District Court ● Mitsubishi Electric Corp. Faculty of Intercultural Studies/Graduate School of Intercultural Studies ● Ministry of Foreign Affairs of Japan ● Nippon Life Insurance Company ● Toyota Motor Corp. ● Osaka Immigration Bureau ● SUMITOMO LIFE INSURANCE COMPANY ● KANEKA CORPORATION ● Kansai Bureau of Economy ● Sumitomo Mitsui Banking Corp. ● Mitsubishi Electric Corp. ● Tokyo Metropolitan Government ● Resona Bank, Ltd. ● New Kansai International Airport Co., Ltd. ● Kobe City Office ● Mizuho Bank, Ltd. ● Daiwa Institute of Research Ltd. ● Hyogo Prefectural Museum of Art ● The Bank of Tokyo-Mitsubishi UFJ, Ltd. ● TAISEI CORPORATION ● Kansai Telecasting Corporation ● Tokyo Electric Power Company Holdings, Inc. ● Kobe Steel,Ltd. ● Japan Broadcasting Corp. ● THE KANSAI ELECTRIC POWER Co., INC. ● Hitachi, Ltd. Faculty of Human Development/Graduate School of Human Development and Environment ● Suntory Holdings Ltd. ● Mitsubishi Corp. ● Hyogo Prefectural High school ● ASICS Corp. ● Mizuho Bank, Ltd. ● Osaka Prefectural High school ● Kobe Steel,Ltd. ● The Bank of Tokyo-Mitsubishi UFJ, Ltd. ● Ministry of Health, Labour and Welfare ● Murata Manufacturing Co., Ltd.
    [Show full text]
  • Kirin Holdings Company, Limited
    KIRIN HOLDINGS COMPANY, LIMITED February 13, 2014 SUMMARY OF CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2013 (UNDER JAPANESE GAAP) (UNAUDITED) (English Translation) Fiscal year ended December 31, 2013 KIRIN HOLDINGS COMPANY, LIMITED NAKANO CENTRAL PARK SOUTH, 10-2, Nakano 4-chome, Nakano-ku, Tokyo, Japan (URL http://www.kirinholdings.co.jp/english/) Code No.: 2503 Shares Listed: Tokyo, Nagoya, Sapporo and Fukuoka Representative: Mr. Senji Miyake, President For further information, please contact: Mr. Tetsuya Fujiwara, Director of Group Corporate Communications Telephone: +81-3-6837-7015 from overseas Scheduled date of general meeting of shareholders held: March 27, 2014 Commencement date of dividend distribution scheduled: March 28, 2014 Submission date of securities report scheduled: March 27, 2014 Preparation of supplementary documents to the financial results: Yes Holding of financial results presentation (for institutional investors and analysts): Yes 1. Consolidated business results and financial position for the current fiscal year (January 1, 2013 - December 31, 2013) [Unit: Japanese yen (¥)] (1) Results of operations: (Fractions less than ¥1 million have been omitted.) (Percentage change compares current results with those of the same period of the previous year.) Sales Percentage Operating Percentage Ordinary Percentage change income change income change (¥ millions) (%) (¥ millions) (%) (¥ millions) (%) Fiscal year ended December 31, 2013 2,254,585 3.1 142,818 (6.7) 132,134 (4.6) December 31, 2012 2,186,177
    [Show full text]
  • Environmental Disclosure Analysis of Sustainability Reports the Brazilian
    Gest. Prod., São Carlos, v. 26, n. 3, e3120, 2019 Original Article https://doi.org/10.1590/0104-530X3120 Environmental disclosure analysis of sustainability reports the brazilian and international brewing industry based on Global Reporting Initiative - GRI ISSN 0104-530X (Print) ISSN 1806-9649 (Online) Análise da evidenciação ambiental dos relatórios de sustentabilidade da indústria cervejeira brasileira e internacional com base na Global Reporting Initiative - GRI Erika Sucena1 Marcia Mara de Oliveira Marinho1 How to cite: Sucena, E., & Marinho, M. M. O. (2019). Environmental disclosure analysis of sustainability reports the brazilian and international brewing industry based on Global Reporting Initiative - GRI. Gestão & Produção, 26(3), e3120. https://doi.org/10.1590/0104-530X3120 Abstract: Environmental disclosure is a tool set that companies use to communicate their environmental performance to stakeholders. The organization Sustainability Report is the main platform to report the company’s relationship with the environment in which operates. The Global Reporting Initiative- GRI is a scheme that develops and disseminates guidelines for this kind of account, to standardize and promote international report classification. The brewing industry is actively involved in the Brazilian economy, being a consumer of natural resources in great amounts. Thus, the objective of this article is to evaluate the level of environmental disclosure practiced in the sustainability reports of Brazilian brewering industries. The sample is characterized by the Sustainability Reports of the years 2011 to 2013 of the Brazilian companies: Ambev; Brazil Kirin; Grupo Petrópolis and internationals, Heineken; AB InBev; SABMiller and Heineken Netherlands. It was used four research techniques to analyse the reports: (1) Classification of indicators as the answer; (2) Adherence to treatment or GAPIE-GRI; (3) Effective Disclosure Degree and (4) indicators ranking the contents.
    [Show full text]
  • Download Shortlist
    Title Advertiser/Client Product/Service Entrant Company Country A01 Creation of a new Brand Identity: Consumer / Corporate / Non-profit PROJECT BUKA PINTU (PROJECT OPEN DOORS) DIGNITY FOR CHILDREN PROJECT B CAFE LEO BURNETT MALAYSIA, Kuala Lumpur MALAYSIA THE THE LIVING LOGO THE MAKATI BUSINESS CLUB APEC CEO SUMMIT 2015 HAVAS ORTEGA, Makati City PHILIPPINES A02 Rebrand / Refresh of an existing Brand: Consumer / Corporate / Non-profit GREAT BARRIER REEF FOUNDATION BRAND ECOSYSTEM GREAT BARRIER REEF FOUNDATION GREAT BARRIER REEF FOUNDATION LEO BURNETT MELBOURNE AUSTRALIA B01 Publications & Brand Collateral LIFE IS ELECTRIC PANASONIC PANASONIC DENTSU INC., Tokyo JAPAN B02 Promotional Item Design OGILVY & MATHER GROUP HONG AIR MAX 95 COLLECTABLES NIKE HK NIKE HONG KONG KONG DAITAN HOLDINGS CO. (FUJI SOBA), 230 SOBA STREET SOBA (BUCKWHEAT NOODLE) SOBA ALLERGY TATTOO CHECKER J. WALTER THOMPSON JAPAN, Tokyo JAPAN PROMOTION COMMITTEE PROMOTION FARGO WOOLLENS SKY TELEVISION NEW ZEALAND NEON DDB GROUP NEW ZEALAND, Auckland NEW ZEALAND DIPPER CONDOMS TATA MOTORS CONDOMS REDIFFUSION Y&R, Mumbai INDIA B03 Self-Promotion TYPESELF Wienden+Cheden SELF-PROMOTION WIEDEN+KENNEDY SHANGHAI CHINA B04 Posters SLICE OF HEARTLAND KIRIN BREWERY COMPANY HEARTLAND BEER DENTSU INC., Tokyo JAPAN YOSHIDA HIDEO MEMORIAL FOUNDATION/ADVERTISING MUSEUM ONE SHOW AWARDS 2015 EXHIBITION IN ANOTHER MOUNTAIN DENTSU INC., Tokyo JAPAN TOKYO JAPAN OLD AGE THE SAMARITANS PRINT&OUTDOOR POSTER Y&R SHANGHAI CHINA HISTORY OF THE INTERNET YAHOO! JAPAN YAHOO! JAPAN DENTSU INC., Tokyo
    [Show full text]
  • Change of Directors and Board Members
    February 14, 2020 To Whom It May Concern: Company Name: KIRIN HOLDINGS COMPANY, LIMITED Name and Title of Representative: Yoshinori Isozaki, President & CEO Code Number: 2503 Head Office: 4-10-2, Nakano-ku, Tokyo 164-0001, Japan Name and Title of Contact Person: Nobuhiko Hori General Manager of Corporate Communications Department Telephone Number: (03) 6837-7015 Change of Directors and Board Members Kirin Holdings Company, Limited (“Kirin Holdings”) hereby announces the change of Directors of the Board, Audit & Supervisory Board Members and senior executive officer who were unofficially appointed at the Board Meeting held today, as well as the unofficial appointment of executive roles of its subsidiaries. 1. Change of Directors of the Board and Audit & Supervisory Board Members of Kirin Holdings (1) Change of Directors of the Board - New Directors of the Board Chieko Matsuda Non-executive Director of the Board of Kirin Holdings current: Audit & Supervisory Board Member of Kirin Holdings Noriko Shiono Non-executive Director of the Board of Kirin Holdings current: Strategic Advisor of Kirin Holdings Rod Eddington Non-executive Director of the Board of Kirin Holdings current: Chairman, Independent Non-Executive Director of Lion Pty Ltd George Olcott Non-executive Director of the Board of Kirin Holdings current: Guest Professor, Faculty of Business and Commerce, Keio University - Retiring Director of the Board Katsunori Nagayasu current: Non-executive Director of the Board of Kirin Holdings - Remaining-in-office Directors of the Board Yoshinori
    [Show full text]
  • Kirin Report 2016
    KIRIN REPORT 2016 REPORT KIRIN Kirin Holdings Company, Limited Kirin Holdings Company, KIRIN REPORT 2016 READY FOR A LEAP Toward Sustainable Growth through KIRIN’s CSV Kirin Holdings Company, Limited CONTENTS COVER STORY OUR VISION & STRENGTH 2 What is Kirin? OUR LEADERSHIP 4 This section introduces the Kirin Group’s OUR NEW DEVELOPMENTS 6 strengths, the fruits of the Group’s value creation efforts, and the essence of the Group’s results OUR ACHIEVEMENTS and CHALLENGES to OVERCOME 8 and issues in an easy-to-understand manner. Our Value Creation Process 10 Financial and Non-Financial Highlights 12 P. 2 SECTION 1 To Our Stakeholders 14 Kirin’s Philosophy and TOPICS: Initiatives for Creating Value in the Future 24 Long-Term Management Vision and Strategies Medium-Term Business Plan 26 This section explains the Kirin Group’s operating environment and the Group’s visions and strate- CSV Commitment 28 gies for sustained growth in that environment. CFO’s Message 32 Overview of the Kirin Group’s Business 34 P. 14 SECTION 2 Advantages of the Foundation as Demonstrated by Examples of Value Creation Kirin’s Foundation Revitalizing the Beer Market 47 Todofuken no Ichiban Shibori 36 for Value Creation A Better Green Tea This section explains Kirin’s three foundations, Renewing Nama-cha to Restore Its Popularity 38 which represent Group assets, and provides Next Step to Capture Overseas Market Growth examples of those foundations. Myanmar Brewery Limited 40 Marketing 42 Research & Development 44 P. 36 Supply Chain 46 SECTION 3 Participation in the United Nations Global Compact 48 Kirin’s ESG ESG Initiatives 49 This section introduces ESG activities, Human Resources including the corporate governance that —Valuable Resource Supporting Sustained Growth 50 supports value creation.
    [Show full text]
  • Notice of Convocation of the 146Th Ordinary General Meeting of Shareholders
    Dear Shareholders, We wish to extend our sincere gratitude for your continued support. This document has been sent in order to notify you of the 146th Ordinary General Meeting of Shareholders, which will be convened on Thursday, June 29, 2017. Included in the material is an overview of Mitsubishi Electric’s business operations during fiscal 2017 as well as a summary of its future initiatives. June 2017 Masaki Sakuyama, President & CEO, Member of the Board Table of Contents Notice of Convocation of the 146th II. Matters Related to Mitsubishi Electric Ordinary General Meeting of 1 Corporation Shareholders 1. Matters Related to Shares 26 Reference Materials for the 146th Ordinary 2. Members of the Board of Directors 27 General Meeting of Shareholders 3. Status of the Independent Auditor 33 4. Summary of Systems Necessary to Item : The Election of Twelve (12) Ensure the Properness of Operations of 3 34 Directors the Company and the Status of the Management Instructions for the Exercise of Voting 5. Basic Policy Regarding Control over the 10 34 Rights via the Internet Company 6. Policy on the Determination of 35 Dividends from Surplus Business Report Consolidated Financial Statements 36 I. Matters Relating to the Mitsubishi Electric Group 1. Business Development and Results 11 Financial Statements 39 2. Capital Expenditures 15 3. Research and Development 15 Audit Reports 41 4. Topics 18 5. Corporate Agenda 19 6. Trends in Operating Results and 21 Financial Condition 7. Principal Offices 21 8. Employees 23 9. Fund Raising 23 10. Principal Lenders 23 11. Principal Subsidiaries 24 IMPORTANT NOTICE The present Notice of Convocation and all of the attached materials are English translations of the original Japanese-language notice, which has been prepared in compliance with requirements under applicable Japanese laws, regulations and/or administrative ordinances.
    [Show full text]
  • Annual Report 2016 Focused on Grow Th
    FEMSA is a multinational beverage and retail TABLE OF CONTENTS company headquartered in Mexico. We hold FEMSA at a Glance .............................2 a 48% stake in Coca-Cola FEMSA, the largest Financial Highlights ............................4 Letter to Shareholders ..........................6 bottler of Coca-Cola products in the world by FEMSA Comercio - Retail Division. 8 FOCUSED ON ON FOCUSED FEMSA Comercio - Health Division. .9 volume, and a 20% stake in Heineken, one of the FEMSA Comercio - Fuel Division ...............10 world’s leading brewers with operations in over Coca-Cola FEMSA .............................11 Sustainability ..................................14 70 countries. We participate in the retail industry FEMSA Foundation ............................16 GROWTH through FEMSA Comercio (100%), comprising a Executive Management ........................18 Corporate Governance .........................19 Retail Division operating primarily through OXXO, Board of Directors .............................20 In Memoriam ..................................21 the largest convenience store chain in Latin FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. Financial Summary ............................22 America by units; a Fuel Division, operating the Management’s Discussion & Analysis ..........24 General Anaya 601 Pte. Col. Bella Vista C.P. 64410 REPORTANNUAL 2016 Monterrey, Nuevo Leon, Mexico OXXO GAS chain of retail service stations; and a [email protected] Health Division, which includes drugstores and related operations in Mexico
    [Show full text]
  • The #1 Global Beer Brand
    ELEVATION CAPITAL GLOBAL SHARES FUND Heineken (Market Capitalisation €51,273.9m) is the world’s most international brewer - employing more than 80,000 employees in over 70 countries - and the 2nd largest brewer by volume. Heineken owns, markets and sells more than 300 brands including premium market leaders such as Heineken, Tiger, Amstel, and Birra Moretti. Despite economic headwinds, Heineken have been the best performer of the large cap breweries over the past year - appreciating about 9.5% over the period. Heineken was an early mover in shifting its mix up-market (premiumisation), which is a key factor in offsetting declining beer consumption in developed markets. At the same time, Heineken has created an attractive long-term growth footprint in significant emerging markets like Vietnam that can help drive greater long-term growth. They have successfully positioned themselves in the highest growth markets, with a suite of high-margin premium brands and significant economies of scale, leaving us confident in their ability to capitalise on the economic recovery and increased frequency of social outings. The #1 global beer brand Heineken is the most trusted international beer brand in the world. Despite the backdrop of COVID-19, it outperformed the overall category - showing that consumers turn to brands they trust during difficult times. Heineken’s strategic focus is on being the #1 or #2 player in all markets in which they operate. They have achieved this through both greenfield developments and M&A. Recent market entries include Colombia and Ecuador in 2019, Peru in 2020 and Australia in 2021. Each of these was via acquisition.
    [Show full text]
  • Kirin Group Human Resources Strategy
    Kirin Holdings Human Resources Strategy Kirin Holdings Company, Limited December 2020 Details of the speaker Toshiya Miyoshi Kirin Holdings Company, Limited Director of the Board and Senior Executive Officer responsible for the human resources and general affairs strategy Profile Born in 1958 April 1982 Joined the Company March 2008 Representative Director and President & CEO of Yokohama Akarenga Inc. March 2010 General Manager of Personnel & General Affairs Dept. of the Company Executive Officer and General Manager of Personnel & General Affairs Dept. of the March 2012 Company Executive Officer and Director of Group Personnel & General Affairs of the Company January 2013 Executive Officer and General Manager of Personnel Dept. of KIRIN Company, Limited Senior Executive Officer and Director of Group Personnel & General Affairs of the Company March 2014 Senior Executive Officer and General Manager of Personnel Dept. of KIRIN Company, Limited Director of the Board, Senior Executive Officer of the Company (Present Position) March 2015 Senior Executive Officer of KIRIN Company, Limited Director of San Miguel Brewery Inc. (Present Position) March 2019 Director of Kirin Brewery Company, Limited (Present Position) © Kirin Holdings Company, Limited 2 Kirin Holdings Human Resources Strategy Role of the group head office in the human resources strategy Values shared by all group Corporate philosophy / One KIRIN Values employees In addition to supporting the human resources strategy of each Role of company, maximize employee engagement through the
    [Show full text]
  • Notice of Convocation of the 147Th Ordinary General Meeting of Shareholders
    Dear Shareholders, We wish to extend our sincere gratitude for your continued support. As of April 1, 2018, Mitsubishi Electric Corporation renewed its management team, with Masaki Sakuyama and Takeshi Sugiyama serving as Chairman, Member of the Board and President & CEO, respectively. The Mitsubishi Electric Group has set consolidated net sales of ¥5 trillion or more and an operating income ratio of 8% or more as growth targets to be achieved by fiscal 2021, the centennial of the Company’s founding. While raising corporate value by continuing to implement the Balanced Corporate Management Policy, looking toward the next 100 years, the Group will seek to establish a stronger business foundation and pursue sustainable growth, and aim to become a company able to gain the trust and meet the satisfaction of various stakeholders as a “global, leading green company” that contributes to the realization of a prosperous society. We humbly ask for your continued support in our initiatives going forward. This document has been sent in order to notify you of the 147th Ordinary General Meeting of Shareholders, which will be convened on Thursday, June 28, 2018. Included in the material is an overview of Mitsubishi Electric’s business operations during fiscal 2018 as well as a summary of its future initiatives. June 2018 Masaki Sakuyama, Chairman, Member of the Board Takeshi Sugiyama, President & CEO Table of Contents Notice of Convocation of the 147th II. Matters Related to Mitsubishi Electric Ordinary General Meeting of 1 Corporation Shareholders 1. Matters Related to Shares 27 Reference Materials for the 147th Ordinary 2. Directors and Executive Officers 28 General Meeting of Shareholders 3.
    [Show full text]